Strength. Stability. Solutions. Strong, Stable. Consistent. We are Nationwide©, a Fortune 100 company with an A.M. Best rating of A (Excellent) and T-listing in excess of $1.545 Billion, one of the largest in the industry. When you work with Nationwide Surety, you know you are working with a strong and stable carrier. We're professional, we're experienced, and we know the surety industry. Our expertise allows us to be innovative. Our relationships help us to understand the surety needs of your business. The result: a unique and analytical approach unparalleled by any other surety. Add to that, we have 50-state capacity and a flexible, multi-tiered rating plan. We are the source for comprehensive surety bond solutions for small, medium, and large contractors and companies.
Surety Appetite
Contract Surety: Also known as construction bonds, contract bonds are guarantees that a contractor will abide by the specifications of a construction contract. This includes performing the work properly and paying specified subcontractors, laborers, and material suppliers. Below are the contract bonds nationwide offers.
· Bid
· Maintenance
· Performance and payment
· Service
· Site improvement
· Supply
Commercial Surety: Also known as business bonds and commercial surety bonds, commercial bonds are agreements that protect businesses. They’re generally required by state laws for various industries and guarantee some aspect of a principal’s occupation. Below are the commercial surety bonds nationwide offers.
· Appeal and traditional financial guarantee
· Commercial contract
· Court fiduciary
· Court judicial
· Customs
· Depository
· Lease
· License and permit
· Lost instrument
· Motor vehicle dealer
· Mortgage broker
· Oil and gas
· Paid loss retro and deductible
· Public official
· Sales tax
· Subdivision
· Utility
· Workers’ compensation self-insurer
International Reverse Flow:
Reverse flow surety business pertains to foreign-owned construction and commercial enterprises that have operations and bond needs in the U.S. We have the surety and construction industry knowledge and experience, as well as the financial strength, to provide meaningful surety capacity to help internationally based companies succeed in the U.S. We provide both contract and commercial surety bonds to reverse-flow customers.
Nationwide will accept submissions from appointed agents and brokers throughout the U.S. To learn more about our products, please visit our site at Nationwide.com/surety or contact our Surety team today at 1-866-387-0457.